VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 22, 2013) - Mercator Minerals Ltd. (TSX:ML) ("Mercator" or "Company") announces today the appointment of Roman Friedrich III to the board of directors.
Mr. Friedrich is the founder and president of Roman Friedrich & Company, a firm that provides investment banking and advisory services to the mining industry. Mr. Friedrich has been an investment banker and a commercial banker to the mining and metals industries for over thirty years which has included being Managing Director at TD Securities, Vice President for Latin America at Chase Manhattan Bank, President of Chase Manhattan Canada Limited, and being a Partner at Burns Fry, Wood Gundy and Lancaster Financial over his career. Mr. Friedrich is also on the board of Zincore Metals Inc., First Americas Gold and various boards of NYSE listed closed-end and exchange traded funds of Guggenheim Funds Investment Advisors.
"Roman has extensive corporate finance experience in the areas of acquisitions, mergers and divestitures, debt and equity funding and project finance in the mining and metals industry," commented Robert Quinn, Mercator's Chairman. "We look forward to having someone of Roman's calibre and experiences further add to our depth as we continue to improve our financial position and seek value-accretive financing for our El Pilar project."
About Mercator Minerals Ltd.
Mercator Minerals Ltd., a TSX listed base metals mining company, operates the wholly-owned copper/molybdenum/silver Mineral Park Mine in Arizona, USA. Mercator also wholly-owns two development projects in Sonora, Mexico: the copper heap leach El Pilar project and the molybdenum/copper El Creston property.
For further information please visit www.mercatorminerals.com.
On Behalf of the Board of Directors
MERCATOR MINERALS LTD.
D. Bruce McLeod, P.Eng., President and CEO